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Dec 28, 2012
12/12
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the eu is giving madrid more time to get its deficits in line. reductions in health spending are only part of the total to save, but the symbolic value of cutting medical care is great, and so is public anger. >> the son of pakistan's former prime minister has made his first political address. he told party supporters that he would carry forward his mother's legacy, saying that she had sacrificed her life for democracy. benazir bhutto was killed in a gun and bomb attack during her 2007 campaign. >> in student was brutally gang rape on a bus earlier this month, and the prime minister promised to review rape laws and punishments. demonstrators again took to the streets today, calling on the chief of the police department to step down. the government has also ordered an inquiry into the police handling of the case. meanwhile, the young woman whose case sparked the protests has flown to singapore for treatment. her situation remains critical. and internet where there are no political restrictions or government fire walls and were free discussion is t
the eu is giving madrid more time to get its deficits in line. reductions in health spending are only part of the total to save, but the symbolic value of cutting medical care is great, and so is public anger. >> the son of pakistan's former prime minister has made his first political address. he told party supporters that he would carry forward his mother's legacy, saying that she had sacrificed her life for democracy. benazir bhutto was killed in a gun and bomb attack during her 2007...
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if it's spending exceeded its revenues it was just a matter of time before it got overwhelmed by its deficit catalona is regional government request for money certainly boosts the chances of spain's national government requesting an additional bail out of the cell. well that indeed is a problem because spain is also doing everything possible not to ask for another bailout so how likely is that to happen well what we're seeing right now is that there's absolutely no reaction from the bond market and that's really an indication that everybody's sort of on the sidelines waiting to see what the european central bank says to all of this and of course we're going to see that in the coming days so we'll really know the answer to that question indeed thanks very much for that it will be crossing back to you later for war of business news for now though let's take a look at some of the stories that we're following for you here today iran has proposed the creation of a group of three nations to implement a cease fire in syria they would then hold three months of talks on national reconciliation the id
if it's spending exceeded its revenues it was just a matter of time before it got overwhelmed by its deficit catalona is regional government request for money certainly boosts the chances of spain's national government requesting an additional bail out of the cell. well that indeed is a problem because spain is also doing everything possible not to ask for another bailout so how likely is that to happen well what we're seeing right now is that there's absolutely no reaction from the bond market...
WHUT (Howard University Television)
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Sep 27, 2012
09/12
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WHUT
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for a country, virtue is to have your balance of payments, if anything, in surplus, not in deficit. now, the anglo-saxons are more accustomed to think in systemic terms what happens if each country is as virtuous as germany is? what happens to global demand then and so on and so forth? aren't these cultural aspect glz they are, indeed. >> but they determine everyday policy, if not politics. >> rose: when you look at th the-- has dealing with this crisis and having it on the front burner perhaps not led to, you know, the end of the euro zone, as some people feared, certainly the membership in part of the euro zone, but may very well have given some momentum to monetary and fiscal and even political union? >> definitely. definitely. the man who found-- founded the concept of the european union in the late 40s and 50s, john monet. >> rose: a frenchman. >> said that the integration of europe will grow through crisis. and he was very right. also in that respect. because you see, when we have a serious crisis like undoubtedly the euro zone crise has been, you either accept the distraction
for a country, virtue is to have your balance of payments, if anything, in surplus, not in deficit. now, the anglo-saxons are more accustomed to think in systemic terms what happens if each country is as virtuous as germany is? what happens to global demand then and so on and so forth? aren't these cultural aspect glz they are, indeed. >> but they determine everyday policy, if not politics. >> rose: when you look at th the-- has dealing with this crisis and having it on the front...
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i am after trashes greece's plan to deal with its massive deficit as the news last line of economic to france celebrates one year in service. and we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israel lobby and telling anyone wanting to bomb iran. onscreen and online twenty four hours a day seven days a week this is r t and i'm karen tara well gangs of foreign mercenaries reportedly from the gulf states and turkey have joined the assault on bani walid in libya this is according to ali faraj his relatives are trapped inside the besieged town which is traditionally loyal to the country's top old colonel gadhafi regime is currently in egypt and we're discussing his identity over safety concerns. they told something dangerous that. the sniper but as the father and mother not leave maybe if it got out of them to be overwhelmed somewhere else inside the city and you have the media do it out maybe the snow but you know on the movie you've. done. nobody will do good if you didn't know do today to look if you're going to do a bit of you know and
i am after trashes greece's plan to deal with its massive deficit as the news last line of economic to france celebrates one year in service. and we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israel lobby and telling anyone wanting to bomb iran. onscreen and online twenty four hours a day seven days a week this is r t and i'm karen tara well gangs of foreign mercenaries reportedly from the gulf states and turkey have joined the assault on bani...
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trashes greece's plan to deal with its massive deficit has that used last line of economic defense celebrates one year in service. and we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israeli lobby and television on the relenting edge to bomb iraq. thank you for joining r.t. this friday on charon terror it's twelve o'clock here in moscow well gangs of foreign mercenaries reportedly from the gulf states and turkey have joined the assault on bani walid libya this is according to ali for all his relatives are trapped inside the siege town which is traditionally loyal to the country's toppled colonel gadhafi regime he's currently in egypt and we're discussing his identity over safety concerns. they told something dangerous there. in the snow but as a as the photo and not the new t.v. and maybe if it got out of the degree of the room somewhere else inside the city and you have media do it go through the snow but you know i mean really if. you slow down. and use google nor by the. google if you didn't know do today to look if you think it's a bit of y
trashes greece's plan to deal with its massive deficit has that used last line of economic defense celebrates one year in service. and we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israeli lobby and television on the relenting edge to bomb iraq. thank you for joining r.t. this friday on charon terror it's twelve o'clock here in moscow well gangs of foreign mercenaries reportedly from the gulf states and turkey have joined the assault on bani...
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Oct 12, 2012
10/12
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KCSM
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. >> we are adhering to our timetable and meeting our deficit targets. we will not change our policies or our targets. >> spain rejects imf's suggestions that it needs more time to stabilize its economy. some analysts say the delay in asking for aid is worrying markets. member the pressure to ask for a bailout is making the country suffered. nobody wants that. not germany, nor spain. that alone could put us closer to a bailout. >> the spanish government says it will consider applying for aid once it has explored all options and conditions. >> despite the bad economic news in europe, germany's traders were in an optimistic mood. we have this report from the frankfurt stock exchange. >> germany is getting prepared for economic weakness. in other places of the world, signs of recovery are coming up. better than expected economic data from the united states pushed stock prices of words here in frankfurt. also bit unexpected were quarterly earnings reports, the ones from walmart for example. shares of siemens made an exception, though. they were among the los
. >> we are adhering to our timetable and meeting our deficit targets. we will not change our policies or our targets. >> spain rejects imf's suggestions that it needs more time to stabilize its economy. some analysts say the delay in asking for aid is worrying markets. member the pressure to ask for a bailout is making the country suffered. nobody wants that. not germany, nor spain. that alone could put us closer to a bailout. >> the spanish government says it will consider...
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all sectors of this funny economy and the problem is that it's not working it's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. so look on this hour good news for professionals in india not so good for job seekers in the developed world we report on the booming freelance industry in the asian country which is giving western workers a run for their money. spaceless taken literally we reported how the dreams of one savita engineer of an electric train to the cosmos are growing ever more real. iran has proposed the creation of a group of three nations to implement a cease fire in syria they would then hold three months of talks on national reconciliation the idea comes as the country opens the main sessions as host of the summit of the nonaligned movement that's a bloc of states that generally don't consider themselves in a union was the united states the gathering began last sunday with one hundred twenty nations participating about two thirds of the un's members of the un secretary-general ban ki moon himself as attend
all sectors of this funny economy and the problem is that it's not working it's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. so look on this hour good news for professionals in india not so good for job seekers in the developed world we report on the booming freelance industry in the asian country which is giving western workers a run for their money. spaceless taken literally we reported how the dreams of one savita...
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May 8, 2012
05/12
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CSPAN3
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a deficit of solutions. a deficit of leadership. that reflects the great changes transing our modern world. powers are shifting. the old order is breaking down. and we do not yet know the shape of the new. 20 years ago at the end of the cold war, the united states and its traditional allies could be counted on to lead the world through uncertainty and change. today that is much more difficult. and yet tonight i want to say clearly we need leadership and your leadership. in this times of uncertainty during this era of change and transformation, we need the sort of leadership that has long distinguished this venerable atlantic council, a leadership dedicated to the common good, a global common good. a leadership of nations acting in concert as we have seen in truly global stewardship. this is the leadership that created the united nations and its founding charter. and this is the leadership that keep principles alive and strong. ladies and gentlemen, as you may know, i lived through the korean war, as was eloquently introduced by dr.
a deficit of solutions. a deficit of leadership. that reflects the great changes transing our modern world. powers are shifting. the old order is breaking down. and we do not yet know the shape of the new. 20 years ago at the end of the cold war, the united states and its traditional allies could be counted on to lead the world through uncertainty and change. today that is much more difficult. and yet tonight i want to say clearly we need leadership and your leadership. in this times of...
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Sep 11, 2012
09/12
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we know that he views it as important if he had a second term to try to bring down the deficit. and what he hasn't done is sketched out, either politically how we go about that, because he has plenty of white papers on what he would like to do on immigration and cap and trade. but he's never said hey, i really care about this stuff and here's how i'm going to accomplish it. >> rose: david, thank you so much. >> thanks, charlie. >> rose: david leone hard. back in a moment, kofi annan. kofi annan is here. while serving as the 7th secretary general of the united nations he drove some of the institutions greates greatest -- but, his memoir is called interventions, a life in war and peace. it is a candid and powerful account of a remarkable career. having recently returned to global affairs as joint u.n. arab league envoy to syria he resigned his post this past august citing division in the international community as an obstacle to peace. his replacement travels to cairo today on his first mission. bra himmee inherits a deder-- deteriorating situation. a saad continues to turn heavy
we know that he views it as important if he had a second term to try to bring down the deficit. and what he hasn't done is sketched out, either politically how we go about that, because he has plenty of white papers on what he would like to do on immigration and cap and trade. but he's never said hey, i really care about this stuff and here's how i'm going to accomplish it. >> rose: david, thank you so much. >> thanks, charlie. >> rose: david leone hard. back in a moment, kofi...
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ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying you know we want to make the american navy smaller than it was before world war one to witness is not what the way to peace only strength is the way to peace yet paul ryan channel seemed to be out front of military for rays hinting at so prolonged stay in afghanistan action against iran even see what do you make of that why yes. he's one of the ones who says that the only way to pieces by total world domination by total military power. and. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total lie. we are wasting vast amou
ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying...
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Dec 3, 2012
12/12
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based on the recommendations of the president's deficit reduction commission but the president could disagree. the republicans say the plan would raise $800 million through tax reform but not by phasing out the upper income bush tax cuts and before the plan was announced, white house press secretary insisted the rates will not make it to the new year. >> he will not sign a bill that extends those tax rates for the top 2 percent. we cannot afford it. it is not wise economic policy. not wise fiscal policy. it would defeat the principle of balance that he has embraced. >> the president wrapped up an hour long twitter session promoting what he called a balanced approach, as far as deficit reduction. >>shepard: is this posturing? >>reporter: well, it is, this great measure. each side wants to blame the other. and not just if we go over the cliff, but if they do reach an agreement, each side wants the other to take the blame for the parts of the ultimate compromise their constituents don't like. right now the negotiations are nowhere, and the white house has not put a serious offer on the
based on the recommendations of the president's deficit reduction commission but the president could disagree. the republicans say the plan would raise $800 million through tax reform but not by phasing out the upper income bush tax cuts and before the plan was announced, white house press secretary insisted the rates will not make it to the new year. >> he will not sign a bill that extends those tax rates for the top 2 percent. we cannot afford it. it is not wise economic policy. not...
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Feb 13, 2012
02/12
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people forget it asks for substantially more deficit cuts than the president believes are responsible and what we forget about simpson bohls is not a single house republican endorsed it or supported it and i think that reflects part of the problem we have in washington right now. nora? >> on syria, the un human rights chief today said the failure of the collective action of the security council has, quote, emboldened the sir syrian to launch a widespread and systematic attack on civilians. does the white house agree with that. >> the white house believes the asad regime continues to perp trait disgusting acts of violence against its own people who seek a democratic transition and better life and we call on the asad regime to cease and desist this behavior and we work with our international partners to continue to pressure the regime and isolate it to try to bring about a change in behavior. as you know, we have been working with a group that is standing up, the friends of syria which will have its first meeting in tunisia on february 24 1k3 we'll work with our allies and country in th
people forget it asks for substantially more deficit cuts than the president believes are responsible and what we forget about simpson bohls is not a single house republican endorsed it or supported it and i think that reflects part of the problem we have in washington right now. nora? >> on syria, the un human rights chief today said the failure of the collective action of the security council has, quote, emboldened the sir syrian to launch a widespread and systematic attack on...
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Nov 14, 2012
11/12
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. >> the integrated rail network is a big deficit. it is not designed to transport goods. it's junctions are inflexible, and its stations cannot accommodate longer free trains. >> the spanish transport ministry in madrid is supposed to sort out problems like this, but it has been focusing on high speed rail connections to and from the capital. the european rail freight lobby group says there are huge problems along the mediterranean. >> along a more than 40- kilometer stretch, there is only one track. it is a real bottleneck. but the worst thing is that in the coming years, the government's plans continue to neglect this corridor along the mediterranean. only 18% of investments go to a region that contains nearly half of spain because the economic might. >> another major difference here from the rest of spain -- the toll roads in catalonia. during the franco era, toll roads were the only way to finance major infrastructure, highways built elsewhere since spain joined the eu are mostly free. catalonia has nearly three times as many toll roads as the madrid region. >> that c
. >> the integrated rail network is a big deficit. it is not designed to transport goods. it's junctions are inflexible, and its stations cannot accommodate longer free trains. >> the spanish transport ministry in madrid is supposed to sort out problems like this, but it has been focusing on high speed rail connections to and from the capital. the european rail freight lobby group says there are huge problems along the mediterranean. >> along a more than 40- kilometer stretch,...
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all sectors of its funny economy and the problem is that it's not working it's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. right let's see how bad the situation really is and the. has all the information for us so that you know if catalonians i mean no one for you to be proud and independent people are asking madrid for money does that mean that this iterations really dire there well it looks pretty desperate first of all catalonia is the third region to ask for help but because of the way the spanish system of tax system is set up catalonia is not only spain's while theist region it fulfilled the most indebted regions so it's just a matter of time overall spain has six regions that can no longer tap the international markets with a combined debt over almost one hundred eighty two billion dollars or the equivalent of so that is pretty bad. loan is asking spain for money and spain is also well trying not to ask for more money from the euro zone how likely is that to happen well it looks like it's probably going to
all sectors of its funny economy and the problem is that it's not working it's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. right let's see how bad the situation really is and the. has all the information for us so that you know if catalonians i mean no one for you to be proud and independent people are asking madrid for money does that mean that this iterations really dire there well it looks pretty desperate first...
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and that put a big focus on it in the deficits went down for the first time with president clinton a democrat in power i think if a lot of people started voting for gary johnson you would see more attention to the deficit and the biggest thing driving the deficit right now that's easily correctable is to bring our troops home and stop wasting so much money on the military. let's leave it right they must always benedict live from the u.s. from the libertarian party giving his thoughts on that the upcoming elections in the u.s. . thank you well in the upcoming exclusive interview he has given to see the russian president also spoke about the u.s. election you can watch the full conversation with led me to putin right here this they say. in his first t.v. interview since his inauguration what if what if mitt romney gets in a quote from just a month or two ago could you work with him. will work with whoever gets elected as president by the american people but if it will only be as efficient as our partners allow it to be demure putin speaks exclusively to r.t. . some more international s
and that put a big focus on it in the deficits went down for the first time with president clinton a democrat in power i think if a lot of people started voting for gary johnson you would see more attention to the deficit and the biggest thing driving the deficit right now that's easily correctable is to bring our troops home and stop wasting so much money on the military. let's leave it right they must always benedict live from the u.s. from the libertarian party giving his thoughts on that...
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all sectors of his funny economy and the problem is that he's not working he's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. let's now get some perspective from natasha our business desk here well it has to if catalonians who are known to be proud and independent and ask for help from driv does that mean that the situation is really desperate there well not in that actually does look pretty desperate and leaving the emotions aside let's just look at the facts callo money is the third region to ask for help but because of the way the spanish tax system was set up catalonia is not only things the wealthiest region it's also its most indebted region so it was just a matter of time before i asked for help overall spain has a six three gens that can no longer tap the international bond markets with a combined debt of almost one hundred eighty two. dollars so it's as bad as it gets well spain is now actually doing everything possible everything that's in its power not to ask for yet another bailout so how likely is that
all sectors of his funny economy and the problem is that he's not working he's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. let's now get some perspective from natasha our business desk here well it has to if catalonians who are known to be proud and independent and ask for help from driv does that mean that the situation is really desperate there well not in that actually does look pretty desperate and leaving the...
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Apr 25, 2012
04/12
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organization of economic cooperation and development have agreed that japan needs to reduce its fiscal deficit. japan has the highest debt ratio among industrialized countries. finance minister azumi and angel guria met in toke you on tuesday. he expressed support for japan's plan to double the consumption tax from the current 5% to 10% by 2015. he also urged japan to carry out fiscal reforms to cut its huge public debt. azumi said the government will raise income and other taxes to finance reconstruction projects for areas hit by last year's earthquake and tsunami. he said raising taxes will enable japan to implement these projects without issuing debt-covering bonds. azumi also said the government will use the added revenue to cover ballooning social security costs. >>> more business stories for you next hour. i will leave you with the latest market figures. >>> let's go to rachel ferguson with your world weather update. >> we've been talking about some heavy rain impacting eastern china. just in the last 24 hours, 150 millimeters of rain fell in parts of gianxhi province. a couple of system
organization of economic cooperation and development have agreed that japan needs to reduce its fiscal deficit. japan has the highest debt ratio among industrialized countries. finance minister azumi and angel guria met in toke you on tuesday. he expressed support for japan's plan to double the consumption tax from the current 5% to 10% by 2015. he also urged japan to carry out fiscal reforms to cut its huge public debt. azumi said the government will raise income and other taxes to finance...
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trashes greece's plan to deal with its massive deficit as the e.u.'s last line of economic defense celebrates one year and service. and we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israeli lobby and talent beeves from relenting to bomb iran. thank you for joining r.t. of us friday with me karen taraji broadcasting to you live from our studio in moscow well gangs of foreign more mercenaries reportedly from the gulf states and turkey have joined the assault on bani walid in libya this is according to ali farrar she has relatives are trapped inside the besieged town which is traditionally loyal to the country's toppled colonel gadhafi regime he's currently in egypt and we're discussing his identity over safety concerns. they told something dangerous that. this nie but as the flood and not the nuclear maybe if it got out of them. somewhere else inside the city of media do it goat do this no but you know. nobody would. if we didn't know do today to look if you're going to be a beautiful you know and be to
trashes greece's plan to deal with its massive deficit as the e.u.'s last line of economic defense celebrates one year and service. and we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israeli lobby and talent beeves from relenting to bomb iran. thank you for joining r.t. of us friday with me karen taraji broadcasting to you live from our studio in moscow well gangs of foreign more mercenaries reportedly from the gulf states and turkey have joined...
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Mar 30, 2012
03/12
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CSPAN3
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when this government came to office, the budget deficit stood at over 11%. the state was borrowing one in four of every single pound that it spent. today i can report that the deficit is falling and is forecast to reach 7.6% next year. the share of national income taken by the state will have fallen from almost 48% when we took office to 43% next year. we must stick to the course so there will be no deficit funded giveaways today. but because we've taken difficult decisions, nor do we need to tighten further. over the five-year period this is a fas cally neutral budget and achieved through a modest reduction through taxation and spending. so let me turn to those fiscal forecasts. the whole house will be pleased to know that these have improved a little from the forecasts i presented in november. borrowing this year is set to come in at 126 billion pounds. 1 billion pounds lower than i forecast in the autumn and over 30 billion pounds lower than its peak, the year before we came to office. borrowing will then fall to 120 billion next year, if you exclude the
when this government came to office, the budget deficit stood at over 11%. the state was borrowing one in four of every single pound that it spent. today i can report that the deficit is falling and is forecast to reach 7.6% next year. the share of national income taken by the state will have fallen from almost 48% when we took office to 43% next year. we must stick to the course so there will be no deficit funded giveaways today. but because we've taken difficult decisions, nor do we need to...
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Jul 12, 2012
07/12
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WJZ
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as the city balanced a budget deficit by closing fire stations, recreational centers and schools, the mayor says the banks added to the deficit with artificially low-interest rates that underpaid the city on investments. officials estimate the loss at up to several million dollars. >> reporter: given the deficit that you faced to begin with, 65, 68 million dollars, are you saying the banks piled on. >> you're talking about 1 or 2 million dollars that, you know, that fire company, that's recreation centers, that's, you know, services that our city needs and we're going to fight for that. >> reporter: in downtown baltimore the head of the firefighters union, michael campbell says the closing of some fire stations slowed down the response to fires. >> the center closed today and nobody is there, it's going to take a longer time for the next truck company to get here, so yes, it is a dramatic impact. >> reporter: does anything about this affect your trust in the banks? >> i think it affects the publics' trust in banks and financial institutions across-the-board. >> reporter: because? >> w
as the city balanced a budget deficit by closing fire stations, recreational centers and schools, the mayor says the banks added to the deficit with artificially low-interest rates that underpaid the city on investments. officials estimate the loss at up to several million dollars. >> reporter: given the deficit that you faced to begin with, 65, 68 million dollars, are you saying the banks piled on. >> you're talking about 1 or 2 million dollars that, you know, that fire company,...
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familiar sights the constant leaders stand firm the disparity is a necessary evil cut the sky high deficit only event of the fourteenth the people of europe seem to have formed a county union to fight back against the prevailing title starrett city ahead of next week's budget meeting brussels will have been watching closely as the scenes of police and protesters battling one another played out across the nobel peace prize winning you. are right. the sex scandal which claimed the head of the cia former general david petraeus this week turned on the man that took over from him as commander of the u.s. military in afghanistan general john allen's career is now in trouble after it was revealed he had also exchanged e-mails for the tempest so. right linked to the transit extramarital affair from a cia boss to try and step down after admitting to a relationship with his biographer paula broadwell she is being investigated by the f.b.i. of allegations she gained access to some of his classified data he however denies any leaks telling colonel john cook that afghanistan's a four and a half years t
familiar sights the constant leaders stand firm the disparity is a necessary evil cut the sky high deficit only event of the fourteenth the people of europe seem to have formed a county union to fight back against the prevailing title starrett city ahead of next week's budget meeting brussels will have been watching closely as the scenes of police and protesters battling one another played out across the nobel peace prize winning you. are right. the sex scandal which claimed the head of the cia...
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all sectors of this funny economy and the problem is that it's not working it's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. more on the situation in spain though we're crossing to natasha's got more from the business desk there and how desperate must be the situation in the lone alone is known. to be proud of the pan and now they're asking woodridge for money well it really does look pretty desperate the first thing to remember is that cattle only is the third region to ask for help but because of the way the spanish tax system is set up catalonia is the only spain's wealthiest region it is also the most indebted region so it was just a matter of time before i would ask for help overall spain has six regions that can no longer tap the international bond markets with a combined debt over the equivalent of one hundred eighty two billion dollars so that is pretty bad. all right spain is now doing everything possible not to ask for yet another bailout so how likely is that to happen. well spain has slipped into a rece
all sectors of this funny economy and the problem is that it's not working it's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. more on the situation in spain though we're crossing to natasha's got more from the business desk there and how desperate must be the situation in the lone alone is known. to be proud of the pan and now they're asking woodridge for money well it really does look pretty desperate the first thing...
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and the deficit of solutions, our deficits of leadership. that partly reflects the great changes of transforming our modern world. power is shifting. the old order is breaking down and we do not yet know the shape of the new. 20 years ago at the end of the cold war, the united states and its traditional allies could be counted on to lead the world through uncertainty and change. today, that is much more difficult. and yet tonight, i want to state clearly, we need leadership, your leadership. in these times of deep uncertainty during this era of change and transformation, we need a sort of leadership that has long distinguished this venerable atlantic council. a leadership dedicated to the common good of a global common good, a leadership of nations, acting in concert as we have seen, with truly global stewardship. this is the leadership that created the united nations and is the founding channel. this is the leadership that will keep our principles all live and strong. ladies and gentlemen, as you may know, i lived through the korean war, as
and the deficit of solutions, our deficits of leadership. that partly reflects the great changes of transforming our modern world. power is shifting. the old order is breaking down and we do not yet know the shape of the new. 20 years ago at the end of the cold war, the united states and its traditional allies could be counted on to lead the world through uncertainty and change. today, that is much more difficult. and yet tonight, i want to state clearly, we need leadership, your leadership. in...
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in all sectors of a spanish economy and the problem is that is not working is not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. but let's get some more analysis on this there's the natasha finance guy the aussie business does good to see you today let's let's focus in on this whole issue with spain and possible bailouts and as i was saying a moment ago catalonia accounting for roughly a fifth. of the country's economic output this must be a drastic situation for them to find themselves and while it is pretty drastic and let's separate the emotions from the facts first of all catalonia is the third region to ask for help and because of the way the spanish tax system is set up catalonia is not only spain's wealthiest region it's also the most indebted region so it was just a matter of time before was going to ask for help and overall spain has six three johns that can no longer tap the international bond markets with a combined debt of almost one hundred two billion dollars what the equivalent there of so it's pretty. w
in all sectors of a spanish economy and the problem is that is not working is not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy. but let's get some more analysis on this there's the natasha finance guy the aussie business does good to see you today let's let's focus in on this whole issue with spain and possible bailouts and as i was saying a moment ago catalonia accounting for roughly a fifth. of the country's economic...
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in all sectors of this funny economy and the problem is that is not working is not bringing down the deficit which is the main target and then as i say he's damaging all the aspects of spain's economy. live from moscow this is r.t. still to come for you just a bit later how dream for a better life can make matters worse. in syria you die quickly but here we are dying a slow death as we report on the faith of tens of thousands of refugees fleeing the violence in syria but only to meet despair at their new. looking for traces of extremism in islamic russia the recent assassinations of two prominent muslim clerics and buffalo investigators trying to identify the roots of hatred. syrian officials walked out of the nonaligned summit after the egyptian president called the government in damascus oppressive the gathering in iran is made up of a third of the u.n. members who don't consider themselves part of any world power block a host of terror on used the meeting to propose creating a three nation group compromising of itself egypt and venezuela to try and help end the syrian conflict the un chie
in all sectors of this funny economy and the problem is that is not working is not bringing down the deficit which is the main target and then as i say he's damaging all the aspects of spain's economy. live from moscow this is r.t. still to come for you just a bit later how dream for a better life can make matters worse. in syria you die quickly but here we are dying a slow death as we report on the faith of tens of thousands of refugees fleeing the violence in syria but only to meet despair at...
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advantage of the fact that the recovery under president obama has been slow the country is running a huge deficit gigantic debt more than sixteen trillion dollars that's one hundred four percent of the nation's g.d.p. the president's main argument was that mr romney wants to go back to the same policies that landed the u.s. and the world for that matter in the economic mess four years ago that everybody's still struggling to recover from so there was a lot of back and forth about who's going to be paying for what and how they both gave different numbers citing different studies at some point it got kind of confusing but in general it looked as if one of them was saying he wants to raise taxes and the other one goes no he wants to raise taxes or we need regulation and the other one would say are you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the details but as they tried to get into details the numbers is got even works and we still have two more debates in the coming weeks we'll hear more about the candidates foreign policy vision for now i
advantage of the fact that the recovery under president obama has been slow the country is running a huge deficit gigantic debt more than sixteen trillion dollars that's one hundred four percent of the nation's g.d.p. the president's main argument was that mr romney wants to go back to the same policies that landed the u.s. and the world for that matter in the economic mess four years ago that everybody's still struggling to recover from so there was a lot of back and forth about who's going to...
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Nov 21, 2012
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because we have an incredible plan to get on top of debt and deficit, to show how we will pay our way in the world we have record low interest rates. low interest rates described by the shatter chancellor as a key test of economic credibility. >> ed miller band? >> can i start by joining the prime minister in paying tribute to walter berry of first battalion richmond of scotland. he should yet most courage and bravery and all our thoughts and condolences are for his family and friends. can also express my deep or about loss of life in israel and gaza in recent days including the latest polling terrorist attack on a bus in tel aviv. there's widespread support on all sides of the house for an immediate and durable cease-fire being agreed in israel and gaza. will the prime minister set out in his view their main barriers to the cease-fire agreement now being reached? >> i agree with right hon. gentleman about the appalling news this morning about the terrorist attack on a bus in tel leave and also express our deep concern at the intolerable situation in southern israel and the grave loss
because we have an incredible plan to get on top of debt and deficit, to show how we will pay our way in the world we have record low interest rates. low interest rates described by the shatter chancellor as a key test of economic credibility. >> ed miller band? >> can i start by joining the prime minister in paying tribute to walter berry of first battalion richmond of scotland. he should yet most courage and bravery and all our thoughts and condolences are for his family and...
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years ago, two and a half years ago, you are aproasmed to chaiapproached tochair a commits to set up a deficit reduction plan for the country. you study it. you're very diligent. everybody hates it within 24 hours. the democrats say it's too austere. the republicans say you're raising tax too much. two years later as we stand on the precipiceave cliff, suddenly this plan as seen as the mosterably thing in town and people are coming to you to find out your sage advice. what happened in those two years? >> well, the people woke up. i think young people are waking up. you can't do this. you can't tax your way out of this hole. you can't grow your way out of this hole. we had every economist say you could have double-digit growth for 20 years and can't get out of the hole. you can't cut spending out of your hole. we got five democrats, five republicans, ranging from dick durbin to illinois-- great progressive democrat-- and coburn from oklahoma, and five dems, five republicans, one independent, that's a super majority. and for god's sake the reason we were so successful is that we effectively piss
years ago, two and a half years ago, you are aproasmed to chaiapproached tochair a commits to set up a deficit reduction plan for the country. you study it. you're very diligent. everybody hates it within 24 hours. the democrats say it's too austere. the republicans say you're raising tax too much. two years later as we stand on the precipiceave cliff, suddenly this plan as seen as the mosterably thing in town and people are coming to you to find out your sage advice. what happened in those two...